What Is Blockchain Technology Know Easily How It Works
Blockchain technology is a digital ledger of transactions that is work on a peer-to-peer network. It's an innovative way to record and store information. It has the potential to revolutionize the way business is done, and there are many ways you can use it. What is Blockchain technology? A blockchain is a digital ledger of transactions that are verified and recorded by network nodes in secure, tamper-resistant blocks. Transactions are verified by making sure that the data in the blockchain is true and consistent. This assures the chain of events remains uninterrupted and valid. It is different from traditional financial systems, such as banks, because it doesn't rely on people or intermediaries. It was invented by Satoshi Nakamoto, an unknown person or group of people who used the name as a pseudonym. It is decentralized, meaning it is not subject to government control or manipulation. Bitcoin, the first and most well-known blockchain application, was created in 2009. What is...